Traders on X are watching one deadline today: MSCI's call on its "non-operating company" rule, due Oct 16. $MSTR
If adopted, Strategy ($23.9B of indexed weight) gets cut from MSCI benchmarks in the November review, along with Metaplanet and Yellow Cake. JPMorgan puts forced selling at roughly $2.8B from index trackers, up to $8.8B if peers follow.
Why it matters: index inclusion is quiet fuel for the treasury-company premium. Saylor called it discrimination, but passive flows are math, not sentiment.
Priced in or a real shock to the DAT trade? đ
Not financial advice. DYOR.
#crypto #bitcoin
If adopted, Strategy ($23.9B of indexed weight) gets cut from MSCI benchmarks in the November review, along with Metaplanet and Yellow Cake. JPMorgan puts forced selling at roughly $2.8B from index trackers, up to $8.8B if peers follow.
Why it matters: index inclusion is quiet fuel for the treasury-company premium. Saylor called it discrimination, but passive flows are math, not sentiment.
Priced in or a real shock to the DAT trade? đ
Not financial advice. DYOR.
#crypto #bitcoin